HSBC Credit Card- Cathay Pacific Instant Rewards revised rule effective September 15, 2011

For HSBC credit cardholders, please take note of changes on their terms and conditions for Cathay Pacific promo.  The new rules will be in effect starting September 15, 2011. All casino and fuel transactions will not be honored for redemption. Only one (1) charge slip issued by a particular merchant on a given day can […]

The Volkswagen Short Squeeze Play

Hedge funds have lost £18bn in two days of trading in Volkswagen (VW) shares that briefly saw the carmaker become the world's most valuable company.  The damage from the head-on collision between many scores of hedge funds (and maybe some banks) is yet to become fully apparent. Some early estimates suggested that the losses from […]

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